12-27-3 Statements of organization to be filed for political action committee and candidate campai...

12-27-3.
Statements of organization to be filed for political action committee and candidate
campaign committee--Time for filing--Violation as misdemeanor.
The treasurer for a political action
committee shall file a statement of organization with the secretary of state not later than fifteen days
after the date upon which the committee made contributions, received contributions, or paid
expenses in excess of five hundred dollars. However, if such activity falls within thirty days of any
statewide election, the statement of organization shall be filed within forty-eight hours. A candidate
shall file a statement of organization for a candidate campaign committee with the secretary of state
not later than fifteen days after becoming a candidate pursuant to this chapter. The statement of
organization may be filed electronically pursuant to § 12-27-41. A political committee that regularly
files a campaign finance disclosure statement with another state or the Federal Election Commission
or a report of contributions and expenditures with the Internal Revenue Service is not required to file
a statement of organization. A violation of this section is a Class 2 misdemeanor.